Working capital

(1)     At the 8th session (February 1950: CC/A.8/SR.5 and 6; CO-ORD-PREP/R.176) CCAQ discussed the arrangements of the organizations for working capital funds, their utility and their adequacy.

Other cash management questions

(A)     Utilization of non-convertible currencies

(A1)      At its 51st session (September 1979) CCAQ discussed difficulties encountered by UNDP in using non-convertible currencies. It expressed the following views on this subject (ACC/1979/R.69, para. 33):

     (a)     During negotiations with them, recipient governments should be urged to accept such currencies under their IPFs;